Moo Deng crypto: Viral hippo garners own financial instrument [Video]

What do you get when you combine lower interest rates and a viral baby pygmy hippo?

Moo Deng crypto.

Given the sudden popularity of Moo Deng, the Thai national treasure whose name roughly translates as “bouncy pork,” it was only a matter of time before someone turned her into a digital asset. And given the nature of such memecoins, which have zero underlying value and trade purely on vibes, it’s no surprise Moo Deng Coin has shot up 1,400 per cent since it was created less than three weeks ago.

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To be clear: This is an asset about as valuable as Beanie Babies were in the 1990s, though at least then you got to hold a Beanie Baby.

Memecoins, no matter how cute, are not a smart financial play, even if one trader appears to have turned …